India's Commerce Minister questions $1bn Amazon investment, citing unmet growth contribution.

India's Commerce and Industry Minister Piyush Goyal has questioned Amazon's $1bn investment announcement, stating that the US retailer's primary motive is to compensate for losses in India rather than contributing substantially to the country's growth. Goyal's comments highlight government concerns over foreign companies profiting from India without significantly contributing to its development.

August 21, 2024
4 Articles

Further Reading